Rumors about Betfair’s New CEO

Is the group trying to find a replacement for Yu?

This week’s reports include speculations that the online gambling group Betfair may be looking for a replacement for CEO David Yu, who reportedly expressed desire to return to the States. The rumor of this new development may somewhat be a result of the constant decline of Betfair shares in the past eight months.

A number of management executives have already left the company, including Mathias Entenmann, chief product and services officer; Charlie Palmer, head of mobile; Robin Osmond, chief executive of financial betting exchange LMAX; Matt Carter, director of architecture, research and prototyping; and Lee Cowles, director of UK sports and gaming; however, Betfair has decided to remain silent regarding latest speculations for now, but first announcements are expected next week, at the presentation of the company’s full year results.

Since it remained without a number of executives, Betfair has hired several high-profile replacements, such as the former William Hill exec Ian Chuter, who now serves as Betfair’s as group operations director, and who is believed to be quite capable of addressing some of the perceived weaknesses in Betfair operations, such as the lack of direction, which was pointed out in an internal survey among the company employees.

Live activity feed

Swipe left or right to see more

lcb activities in the last 24 hours

  • 30
    new members
  • 633
    members online
  • 10374
    guests online
  • 116
    new posts
  • 896
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Search

Search Results

Select Language

39012170